Inflation is an economic problem that the American government is attempting to remedy. The remedy is to implement a contractionary monetary policy.
- The cost of employing contractionary monetary policy is that the country's unemployment rate may rise. Implementing a contractionary monetary policy is a common technique for managing inflation. A contractionary policy tries to reduce the quantity of money available in an economy by reducing bond prices and boosting interest rates. As a result, prices fall, inflation slows, and consumer spending falls.
- Controlling the amount of money in the economy is a critical monetary strategy for combating inflation. If the money supply shrinks, demand for goods and services will fall, as will prices. Another method for reducing the amount of money in circulation is when the government withdraws specific coins or paper money from circulation.
As a result of the economic crisis and decreasing production, companies hire fewer personnel.
Thus this is the economic problem of America.
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Answer:
In microeconomics, the law of demand is a fundamental principle which states that there is an inverse relationship between price and quantity demanded. In other words, "conditional on all else being equal, as the price of a good increases (↑), quantity demanded will decrease (↓); conversely, as the price of a good decreases (↓), quantity demanded will increase (↑)". Alfred Marshall worded this as: "When then we say that a person's demand for anything increases, we mean that he will buy more of it than he would before at the same price, and that he will buy as much of it as before at a higher price". The law of demand, however, only makes a qualitative statement in the sense that it describes the direction of change in the amount of quantity demanded but not the magnitude of change.
Answer:
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Explanation:
crime scenes on tv are fake while crime scenes in real life is real.
they both are similar in every way
The answer is B. i’m pretty sure
Answer: b. police officers were often used as a source of political patronage and corruption
Explanation:
In the 18th and 19th centuries, and following the decentralisation of police to city level, police had greater discretion in dealing with issues in their jurisdiction. This was meant to make crime easier to manage but instead it led to corruption.
Police became guilty of being used as a source of political patronage as well as being corrupt. As a reward for engaging in electoral fraud, the police were rewarded by the politicians they put in power by bribes and more powers at their discretion which allowed them to use force on the populace.
As a result the police were ineffective and resented by the public.